| Models for Quantifying Risk |  | Authors: FSA, Ph.D. Robin Cunningham, ASA, Ph.D. Thomas Herzog, FSA Richard L. London Publisher: ACTEX Publications Category: Book
Buy New: $85.00 as of 2/9/2012 16:04 EST details
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Seller: dina11022011 Sales Rank: 1,156,800
Languages: English (Unknown), English (Published) Media: Paperback Edition: 2nd Pages: 604 Shipping Weight (lbs): 1.7 Dimensions (in): 8.9 x 6 x 1.4
ISBN: 1566985846 EAN: 9781566985840 ASIN: 1566985846
Publication Date: 2006 Availability: Usually ships in 1-2 business days
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Product Description This textbook presents a variety of stochastic models for the actuary to use in undertaking the analysis of risk. It is designed to be appropriate for use in a two- or three-semester university course in basic actuarial science. It was also written with the SOA Exam MLC and CAS Exam 3 in mind. It covers of the life contingencies exam topics in a single reference. It also includes some introductory loss models material which can serve as initial preparation for SOA Exam C and CAS Exam 4. Models are evaluated in a generic form with life contingencies included as one of many applications of the science. Students will find this book to be a valuable reference due to its easy-to-understand explanations and the end-of-chapter exercises. It also introduces students to the practical use of the science via the Appendices.
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This book is listed on the Course of Reading for the Society of Actuaries Exam MLC, Casualty Actuarial Society Exam 3 and the EA-1 Examination of the Joint Board for the Enrollment of Actuaries.
I found that the exposition of the material is thorough while the concepts are readily accessible and well illustrated with examples. The book was an invaluable source of practice problems when I was preparing for the Exam M. Studying from it enabled me to pass this exam." -- Dmitry Glotov, Math Department, University of Connecticut
"This book is extremely well written and structured." -- Kate Li, Student, University of Connecticut
"Overall, the text is thorough, understandable, and well-organized. The clear exposition and excellent use of examples will benefit the student and help her avoid 'missing the forest for the trees'. I was impressed by the quality and quantity of examples and exercises throughout the text; students will find this collection of problems sorted by topic valuable for their exam preparation. Overall, I strongly recommend the book." - Kristin Moore, Ph.D., ASA, University of Michigan
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